Highlights

Top Glove

Author: andrewlimck   |   Latest post: Thu, 9 Jul 2020, 10:06 PM

 

Top Glove - targets USD$35 Billion Sales (Grow More than 30 Times from NOW)

Author:   |    Publish date:


Interview Video - CNA with the World's Top Glove Maker Tan Sri Dr Lim Wee Chai 9 July 2020



https://www.youtube.com/watch?v=Vtg4tas_7Gc


"In order to grow big to become Global Fortune 500 company, we need to grow 30 TIMES. 30 times is almost like 500 factories, now we have 45 factories. By 2040, we hope to achieve a sales revenue of USD$ 35 billion.".

 

Sales in 2020 (last 4 quarters): USD$ 1.17 billion

Sales Target in 2040: USD$ 35 billion  (Grow by 30 times)

 

 

 

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Labels: TOPGLOV

Related Stocks

Chart Stock Name Last Change Volume 
TOPGLOV 6.28 +0.26 (4.32%) 38,955,200 

  EngineeringProfit likes this.
 
EngineeringProfit I love your business model.....

.....invest long.....
09/07/2020 10:16 PM
greedy44444 WOW... your workers and machines must have to work 24 hours a day in order to meet the 30 times sales.
10/07/2020 7:41 AM
greedy44444 According to demand and supply theory, once the price of a product shots up 30 times, many more manufacturers will try to sell more by producing more until too much in the market then the price of the product will definitely slump.
10/07/2020 7:47 AM
BATFLY Wow! Great company with good management and strong RnD plus clear vision to grow globally..
10/07/2020 7:51 AM
Ricky Yeo if there is anyone that believe this kind of shit then he is not thinking straight
10/07/2020 8:52 AM
calvintaneng Wahaha!!!


Topglove next move will be

Take over Texchem

Texchem already got 10 Warehouses and Factories producing Polymer which is switchable to Latex and nitrile gloves chemicals

Topglove will then change

Name of

Texchem to Topchem
10/07/2020 9:29 AM
calvintaneng Better buy Texchem

Texchem nav is Rm1.90

Just pay Texchem at Nav par value already Rm1.90

So Texchem at 48 sen better Grab now !!!
10/07/2020 9:30 AM
calvintaneng If Topglove so booming can also consider Pay Texchem a 50% premium to take over

So Rm1.90 x1.5 = Rm2.85

If Topglove takes over Texchem at Rm2.85 then the upside from 48 sen is 400%

Topglove

Texchem = TopChem
10/07/2020 9:33 AM
Tom Philip laugh until no tear, lol....actually he can get more than 5000% earning but he sold too early and only get 2000% earning....actually 2000% earning in 10 years, not bad also
11/07/2020 1:07 AM
xiaoji has anyone ever think where to get so many medical staff to wear all these gloves
11/07/2020 11:02 AM
xiaoji the scenario will be like face mask, once the capacity exceeded demand , price drop.
11/07/2020 11:03 AM


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